**Gas Prices Plummet as U.S. Election Approaches**

As the U.S. presidential election draws near, gasoline prices have dropped significantly, reaching their lowest levels since February. The reduction in fuel prices, which had surged following Russia's invasion of Ukraine, provides a rare instance of relief amidst global economic turmoil.

On Tuesday, the national average price for regular gas stood at $3.16 per gallon, a notable 11 percent decrease from the same period last year, according to the motor club AAA. This price decline has been particularly evident in 19 states, including key swing states like Georgia, North Carolina, and Wisconsin, where the average has already fallen below $3 per gallon.

Such affordable fuel prices are unusual during the weeks leading up to a presidential election. Alongside other essential goods like eggs and milk, gasoline prices often serve as a critical indicator of the broader economic climate, resonating deeply with both politicians and consumers. Prominently displayed at gas stations, these prices are a constant reminder for Americans about the costs of their daily commutes and grocery trips.

Currently, Americans are allocating roughly 2 percent of their disposable income to gasoline, which is less than they have in the lead-up to every recent presidential election except for the 2020 cycle. That year, oil prices saw a dramatic drop as global activities came to a halt due to the Covid-19 pandemic.

Vice President Kamala Harris has highlighted the positive economic news, attributing the decrease in gas prices to the Biden administration's strategic actions. The administration's efforts to sell fuel from the national reserves and ease certain gasoline production regulations have been credited with helping to bring prices down, as per statements from the White House.